LawTalkers - Know new taxes!

It looks like you are correct. I'm seeing numbers of $17B to $21B of "assets under management" and the $50B is the number related to liabilities. I guess the $7-$9B number that popped up (and was the amount he need to raise to keep the scheme going) was a direct result of the market crash and the desire of people to liquidate. I don't know why he was even trying to bring that much in. If I were him I would have ran as soon as the market started crashing.

TM

If I were up ~200%, and all my friends were losing their shirts in other funds, I'd try to withdraw some, too. I somewhat surprised the redemption requests were only ~15%.

ThurgreedMarshall

01-09-2009 06:04 PM

Re: SF Shooting

Quote:

Originally Posted by Adder (Post 376954)

I actually thought the video made it look like the taser-confusion was a possibility. The cop certainly looked surprised and confused after shooting.
Granted the cop should have been criticized for taser the guy too, but it is less shocking to me that a cop would be that taser-happy than to think he would be that trigger happy.

It is very hard to tell, even after watching the video. Apparently the two weapons don't look or feel the same and presumably cops are taught how to use both. Isn't true that they are also supposed to keep both weapons on different hips?

It may be less shocking that he would want to taser the guy, but just because you're frustrated doesn't give you the right to reach for a weapon. That's exactly how these things happen. There were three cops there dealing with him and there was no need to pull anything at that point.

TM

ThurgreedMarshall

01-09-2009 06:07 PM

Re: SF Shooting

Quote:

Originally Posted by LessinSF (Post 376958)

some have similar holsters and grips, which might make for an interesting product liability action.

The video I saw had a piece on a supposedly similar incident where a female cop shot a handcuffed 24-yr old who was kicking out the window of her vehicle. The police department was sued (and lost) and they, in turn, brought a product liability suit against the taser company and lost.

http://blog.puppetgov.com/wp-content...aser-gun-2.jpg

I don't know what model this cop had, but it's possible he fucked up. The problem is, they supposedly feel significantly different (especially to someone trained to use both).

TM

ThurgreedMarshall

01-09-2009 06:08 PM

Re: Madoff

Quote:

Originally Posted by Cletus Miller (Post 376959)

If I were up ~200%, and all my friends were losing their shirts in other funds, I'd try to withdraw some, too. I somewhat surprised the redemption requests were only ~15%.

If you can keep your shirt when all about you are losing theirs...?

TM

Secret_Agent_Man

01-09-2009 06:10 PM

Re: As Willard said to Kurtz.

Quote:

Originally Posted by Tyrone Slothrop (Post 376928)

While one can certainly imagine things that the Ambassador should not be talking about in public, it is clearly wrong to say, as a blanket statement, that Ambassador should not be describing Israel's strategy.

My point is simply that any opinion that speaks to S_A_M being "clearly wrong," is by definition wrong.

S_A_M

Adder

01-09-2009 06:12 PM

Re: SF Shooting

Quote:

Originally Posted by ThurgreedMarshall (Post 376961)

I don't know, and I am certainly not defending the guy. Even if he thought it was his taser (and I don't know whether one could be confused for a gun), my initial reaction is that he was likely at least criminally reckless.

Quote:

It may be less shocking that he would want to taser the guy, but just because you're frustrated doesn't give you the right to reach for a weapon. That's exactly how these things happen. There were three cops there dealing with him and there was no need to pull anything at that point.

I agree. But enough of these things seem to make the news that I'm not surprised that he would have tried to (in my view unnecessarily) taser the guy.

Adder

01-09-2009 06:14 PM

Re: SF Shooting

Quote:

Originally Posted by ThurgreedMarshall (Post 376962)

You would think the city/police department may have wanted to think that one through before buying the similar product.

Replaced_Texan

01-09-2009 06:14 PM

Re: SF Shooting

Quote:

Originally Posted by ThurgreedMarshall (Post 376961)

My understanding is that BART doesn't have a 1:1 ratio of tasers to cops, and they sort of rotate them. So that means that the cop doesn't necessarily have familiarity with the taser because it's not really his AND sometimes he has it, others he doesn't. This guy might have ordinarily carried one and just didn't that night because of the rotation. And he may have never fired one before, and didn't realize the mistake until too late.

I'm not a fan of tasers. Around here, cops are waaaaay too eager to grab for those things. Makes for lazy law enforcement.

Gattigap

01-09-2009 06:20 PM

Re: Madoff

Quote:

Originally Posted by ThurgreedMarshall (Post 376963)

If you can keep your shirt when all about you are losing theirs...?

TM

Maybe Madoff's clients feared that he would start losing money too. Everybody else was.

ThurgreedMarshall

01-09-2009 06:27 PM

Re: SF Shooting

Quote:

Originally Posted by Replaced_Texan (Post 376967)

Wouldn't that cut the other way? If you don't normally carrying one, why are you so quick to reach for it? And if they're supposed to carry them on the other side of their bodies, why would you think it would be where you would normally carry your gun?

TM

ThurgreedMarshall

01-09-2009 06:28 PM

Re: Madoff

Quote:

Originally Posted by Gattigap (Post 376969)

Maybe Madoff's clients feared that he would start losing money too. Everybody else was.

I guess you whiffed on the reference/play on Cletus' post I made.

TM

Gattigap

01-09-2009 06:36 PM

Re: Madoff

Quote:

Originally Posted by ThurgreedMarshall (Post 376971)